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August 16, 2018
Opower Founder and President To Join Site's Board Of Directors
Arcadia Power, describing itself as, "developers of the first nationwide digital utility," announced the closing of a $25 million Series B funding round led by G2VP, with participation from ValueAct Spring Fund, McKnight Foundation, Energy Impact Partners, Cendana Capital, Wonder Ventures, BoxGroup…
August 15, 2018
Revenue Data For Companies Disclosed
Inspire led retail suppliers and brokers in the annual Inc. Magazine 500/5000 rankings of revenue growth at private companies over the past three years. Notable retail suppliers and brokers in the Inc. rankings were: Rank Company 3-Year 2017 Growth Revenue (millions) 196 Inspire 2,276% $67 341…
August 14, 2018
New Credit Facility Improves Pricing, Trading Terms and Availability
Crius Energy Trust ("Crius", the "Company" or the "Trust") announced that it has combined its existing credit facilities into a single consolidated credit facility ("Credit Facility") for the Company's wholesale energy supply requirements with a limit of $140 million, and has added a syndicated…
August 13, 2018
Purchase Price For Retail Book Acquisition Disclosed Will Divest Solar Business
Crius Energy reported Adjusted EBITDA of $16.0 million for quarter ending June 30, 2018 (second quarter of 2018), an increase from $14.1 million achieved in the second quarter of 2017, with the increase driven by the contribution from the previously acquired USG&E business.
August 13, 2018
Consistent with its previously reported strategy to focus on higher-margin customer growth, Crius Energy Trust disclosed in a second quarter MD&A that it has, "decided not to pursue future municipal aggregations and we will be evaluating our options related to our portfolio of approximately 300,000…
August 10, 2018
Does Not Expect Material Impact From ERCOT July Volatility
During a discussion of earnings for the quarter ending June 30, 2018 (first quarter of fiscal 2019), Just Energy discussed expanding mass market margins and the return of retail pricing power.
August 9, 2018
In a 10-Q filed today, Calpine reported results from its retail segment for the quarter ending June 30, 2018
August 9, 2018
Says Earnings Flat For Quarter
Just Energy reported earnings for the three months ended June 30, 2018 (first fiscal quarter of 2019)
August 7, 2018
Genie Retail Energy (GRE) reported income from operations of $3.3 million in the quarter ending June 30, 2018 (second quarter), compared to a loss from operations of $9.4 million a year ago. Adjusted EBITDA increased to $3.8 million in 2Q18 compared to negative Adjusted EBITDA of $8.9 million a year…
August 6, 2018
In announcing earnings this morning, Genie Energy Ltd. said that it expects to begin acquiring customers in an additional international market later this year.
August 6, 2018
During an earnings call on Friday, Nathan Kroeker, Spark Energy's President and Chief Executive Officer, provided an update on the company's previously announced strategic review, stating, "Following our strategic review, our executive team and Board of Directors believe the best way to deliver long…
August 6, 2018
Vistra Retail Earnings Lifted By Texas Open To Retail Acquisitions, But "Picky"
Vistra Energy, the parent of TXU and Dynegy among other businesses, said that its second quarter adjusted EBITDA exceeded expectations as a result of higher realized prices, lower than forecast operations and maintenance expenses, and strong ERCOT retail performance that was offset by higher power…
August 3, 2018
During an Exelon earnings call yesterday, James McHugh, CEO of Constellation, discussed the company's approach to potential retail acquisitions in ERCOT given summer volatility
August 3, 2018
For the quarter ended June 30, 2018, Spark Energy, Inc. reported Adjusted EBITDA of $16.1 million, compared to Adjusted EBITDA of $20.0 million for the quarter ended June 30, 2017.
August 2, 2018
Discussing second quarter earnings this morning, Mauricio Gutierrez, NRG Energy's President and Chief Executive Officer, said that NRG's Retail business had a "phenomenal" quarter, and said that the business is "always" looking to acquire retail books.
August 1, 2018
EnergyWatch, LLC ("EW"), a firm which offers energy supply procurement consulting services in addition to a variety of energy data analytics and management, announced that it has received an investment from a new equity partner.
July 31, 2018
Centrica reported that its North America Business (C&I) segment returned to profitability in the first half of 2018, having made a loss in the second half of 2017
July 10, 2018
IGS Solar and a private equity fund managed by Ares EIF, the power and energy infrastructure strategy within Ares Management, L.P., have closed an approximately $145 million tax equity capital partnership with an undisclosed tax equity investor to finance solar generation assets for homeowners…
June 5, 2018
ETS (Energy Technology Savings), an energy technology, behavior management and smart building service provider which also acts as an ESCO in New York and energy supply procurement advisor, today announced a priced offering of $3 million of its Series C-1 Preferred Stock and milestones for its Smart…
June 1, 2018
Teleios Commodities, LLC announced a "material" investment in Powervine Energy, a newly created retail energy company providing energy services to residential customers and small businesses in the Northeastern United States.
May 21, 2018
NextEra Energy, Inc. today announced it has entered into definitive agreements with Southern Company to acquire Florida City Gas, a natural gas utility that offers a choice program for business customers, as well as Gulf Power and Southern's ownership interests in the Oleander and Stanton…
May 17, 2018
Records Third Consecutive Quarter Of Customer Growth
Just Energy reported results for the three months ended March 31, 2018 (fourth quarter of fiscal 2018).
May 16, 2018
Summer Energy Holdings, Inc., the parent of Summer Energy, reported in a 10-Q that first quarter weather contributed to a wider net loss
May 15, 2018
In reporting earnings today, Crius Energy Trust announced that, having conducted a strategic review, it will now focus on its retail energy supply business, and explore strategic alternatives for its solar business
May 14, 2018
During an earnings call, executives of Suburban Propane, the parent of Agway Energy Services, discussed the next markets for expansion of Agway's retail electric and natural gas business.
